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1123 Marriott International Jobs

Finance Manager

0-13 years

Indore

1 vacancy

Finance Manager

Marriott International

posted 32min ago

Job Role Insights

Flexible timing

Job Description

Manages the hotel s day-to-day Accounting function, assisting the Cluster Director of Finance in providing financial leadership to the business and clear structure and direction to the Finance team.

  • Primary responsibilities include preparation and analysis of the financial reports and reconciliations, internal and external reporting, budgeting/forecasting, audit and control, asset and liability reconciliation, working capital and cash control.
  • CANDIDATE PROFILE

    Education and Experience

    Full/part-qualified accounting qualification or Bachelor's degree (B.

  • A.
  • ) from four-year College or University; or three years related experience and/or training; or equivalent combination of education and experience.
  • Hotel accounting experience is essential, operational experience is also preferred but not essential.
  • SKILLS AND KNOWLEDGE

    Hotel Operational Finance knowledge - previous Asst DOF or smaller hotel Director of Finance

    Numeracy - using mathematics to solve problems, calculations, presentations etc

    Computer Skills - Strong computer skills, particularly Excel and preferably Opera, PeopleSoft, Micros

    Reading Comprehension - Understanding written sentences and paragraphs in work related documents.

  • Writing - Communicating effectively in writing as appropriate for the needs of the audience.
  • Economics and Accounting - Knowledge of economic and accounting principles and practices, P&L statements, operating budgets, forecasting and scheduling, and the reporting of financial data.
  • Management of Financial Resources - Determining how money will be spent to get the work done, and accounting for these expenditures.
  • Analytical/Critical Thinking - The ability to gather and organize information using a logical and systematic process; recognize patterns and relationships in complex data; examine data to identify implications, problems and draw appropriate conclusions; generate alternative solutions to problems; evaluate strengths, weaknesses and consequences of alternative solutions and approaches to solving problems.
  • Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources

    Purchasing and Materials Management - Knowledge of practices and procedures needed to maintain material, equipment and supplies; including vendor identification and contract negotiation, supply requisition and purchasing, and inventory control (eg, accounting and budgeting).

  • CORE WORK ACTIVITIES

    Achieving Business Results

    Supports strategies and conducts activities to drive financial results, guest satisfaction, human capital index and market share.

  • Effectively manages the day to day operation of Accounting to execute finance and accounting responsibilities for the property.
  • Assists the Cluster DOF in developing the annual business plan, budgets, forecasts, financial reports, tax compliance, and profit and loss statements.
  • Works through own team and influencing department managers to ensure appropriate controls are in place to manage business risks.
  • Assists in the hiring of accounting associates, and development and retention of a diverse high caliber workforce to provide strong functional expertise to the property and the discipline.
  • Sustains a work environment that focuses on fair and equitable treatment and associate satisfaction to enable business success.
  • Supporting Profitability and Revenue Goals

    Meets Report Delivery Deadlines -

    Submits reports in a timely manner, ensuring delivery deadlines.

  • Verifies P&L Accuracy

    Verifies that profits and losses are documented accurately, in line with Marriott Processes and procedures.

  • Communicates with and provides information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.
  • Demonstrates leadership by using interpersonal and communication skills to lead, influence, and encourages others; advocates sound financial/business decision making; demonstrates honesty/integrity; leads by example.
  • Achieves and and exceeds goals including performance goals, budget goals, team goals, etc

    Demonstrates knowledge of job-relevant issues, products, systems, and processes.

  • Develops specific goals and plans to prioritize, organize, and accomplish work and the work of the finance team.
  • Generates and provides accurate and timely results in the form of reports, presentations, etc

    Analyzes information and evaluates results to choose the best solution, solve problems and make decisions.

  • .
  • Informs and/or updates the executives, peers and subordinates on relevant information in a timely manner.
  • Verifies that all Taxes are current, collected and/or accrued.
  • Monitors all taxes that apply, ensuring that taxes are current, collected and/or accrued.
  • Processes information; compiles, codes, categories, calculates, tabulates, audits, or verifies information or data.
  • Evaluates information to determine compliance with standards, using relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards.
  • Updates and uses relevant knowledge, keeps up-to-date technically and applying new knowledge to job.
  • Assists in Conducting Strategic Planning and Decision Making

    Communicates financial concepts in a clear and persuasive manner that is easy to understand and drives desired behaviors.

  • Advises the Cluster Executive committee on existing and evolving operating/financial issues.
  • Provides on going analytical support (eg monitoring the operating department s actual and projected sales and profit and coaches management team to ensure financial goals are met and opportunities are identified and addressed).
  • Provides assistance to the Cluster DOF in developing the annual business plan, budgets and monthly forecasts.
  • Provides analytical support during budget reviews to identify cost saving and productivity opportunities.
  • Provides direction and assistance to other organizational units regarding accounting and budgeting policies and procedures, and efficient control and utilization.
  • Orients hotel managers to the accounting function and coaches to effectively manage their department s financial performance.
  • Produces accurate and timely financial reports to support effective decision making.
  • Provides meaning or context to the financial results.
  • Verifies that the P&L is accurate (i.
  • e.
  • , costs are properly matched to revenue, costs are recorded in the proper accounts) and statements are delivered to appropriate individuals in a timely manner.
  • Managing Projects and Policies

    Maintains a strong accounting & operational control environment to safeguard assets improve operations and profitability and manage business risks.

  • Produces accurate forecasts that enable operations to react to changes in the business.
  • Reconciles balance sheet and ensures account balances are current and supported by appropriate documentation in accordance with SOPs.
  • Managing and Conducting Human Resource Activities

    Facilitates critique meetings to review results with management team.

  • Celebrates successes and publicly recognizes the contributions of team members.
  • Leverages strong functional leadership and communication skills to influence the management team and to lead own team.
  • Establishes and maintains open, collaborative relationships with associates and ensures associates do the same within the team.
  • Creates a working environment that enables the retention of top talent and where individuals perform at their best.
  • Verifies that team members are cross-trained to support successful daily operations.
  • Conducts annual performance appraisals with direct reports according to Standard Operating Procedures.
  • Encourages open dialogue between team members.
  • Assigns team members and other department managers clear accountability to accomplish goals.
  • Uses all available on the job training tools for associates.
  • Manages internal, external and regulatory audit processes and ensures compliance with Standard Operating Procedures (SOPs), verifying that hotel policies are administered fairly and consistently.
  • Verifies that disciplinary procedures and documentation are completed according to Standard and Local Operating Procedures (SOPs and LSOPs) and support the Peer Review Process.
  • Generates and reviews financial reports that are linked to the plan s financial goals.
  • Verifies that tax rates used for sales/use tax are current and proper amounts are collected and/or accrued.
  • Completes adhoc requests from Cluster DOF & Assistant Cluster DOF.
  • OTHER

    Performs other duties as assigned to meet business needs.


  • Employment Type: Full Time, Permanent

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    People are getting interviews at Marriott International through

    (based on 56 Marriott International interviews)
    Company Website
    Job Portal
    Referral
    Campus Placement
    Walkin
    36%
    23%
    14%
    9%
    4%
    14% candidates got the interview through other sources.
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    What people at Marriott International are saying

    4.9
     Rating based on 5 Finance Manager reviews

    Likes

    Good work environment,

    Dislikes

    To much of politics because it's very old property, salary is not up to mark

    Read 5 reviews

    Finance Manager salary at Marriott International

    reported by 42 employees
    ₹6 L/yr - ₹9.4 L/yr
    54% less than the average Finance Manager Salary in India
    View more details

    What Marriott International employees are saying about work life

    based on 1.2k employees
    66%
    53%
    46%
    88%
    Flexible timing
    Rotational Shift
    No travel
    Day Shift
    View more insights

    Marriott International Benefits

    Cafeteria
    Health Insurance
    Job Training
    Free Food
    Soft Skill Training
    Free Transport +6 more
    View more benefits

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